The Board of Directors of ENEX is the governing body of the Company elected by the stockholders and mandated by law to exclusively exercise the powers of the corporation, conduct all its business and control its properties. The Board is the ultimate authority in the Company in matters of governance and in managing the corporate business. The Board, acting as a Board, has full power and authority to manage the business of the Company and to exercise their best business judgment consistent with the fiduciary duties of the Board and its members.
